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MTH
Stock ticker: NYSE
AS OF
Dec 20, 04:59 PM (EDT)
Price
$154.61
Change
+$2.70 (+1.78%)
Capitalization
6.22B

MTH Meritage Homes Corp Forecast, Technical & Fundamental Analysis

a company which designs and builds single family homes

Industry Homebuilding
MTH
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for MTH with price predictions
Dec 20, 2024

MTH in -7.26% downward trend, falling for three consecutive days on December 19, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where MTH declined for three days, in of 282 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 10, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on MTH as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for MTH turned negative on December 10, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .

MTH moved below its 50-day moving average on December 03, 2024 date and that indicates a change from an upward trend to a downward trend.

Bullish Trend Analysis

The RSI Indicator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 10 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MTH advanced for three days, in of 321 cases, the price rose further within the following month. The odds of a continued upward trend are .

MTH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 277 cases where MTH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 61, placing this stock better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.349) is normal, around the industry mean (7.196). P/E Ratio (8.633) is within average values for comparable stocks, (103.177). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.437). MTH has a moderately low Dividend Yield (0.009) as compared to the industry average of (0.044). P/S Ratio (1.039) is also within normal values, averaging (88.859).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. MTH’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

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MTH
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published Earnings

MTH is expected to report earnings to fall 14.79% to $4.55 per share on January 29

Meritage Homes Corp MTH Stock Earnings Reports
Q4'24
Est.
$4.55
Q3'24
Beat
by $0.37
Q2'24
Beat
by $1.13
Q1'24
Beat
by $1.51
Q4'23
Beat
by $0.23
The last earnings report on October 29 showed earnings per share of $5.34, beating the estimate of $4.97. With 2.05M shares outstanding, the current market capitalization sits at 6.22B.
A.I.Advisor
published Dividends

MTH is expected to pay dividends on December 31, 2024

Meritage Homes Corp MTH Stock Dividends
A dividend of $0.75 per share will be paid with a record date of December 31, 2024, and an ex-dividend date of December 17, 2024. The last dividend of $0.75 was paid on September 30. Read more...
A.I. Advisor
published General Information

General Information

a company which designs and builds single family homes

Industry Homebuilding

Profile
Fundamentals
Details
Industry
Homebuilding
Address
8800 East Raintree Drive
Phone
+1 480 515-8100
Employees
1921
Web
https://www.meritagehomes.com
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MTH and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, MTH has been closely correlated with KBH. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if MTH jumps, then KBH could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MTH
1D Price
Change %
MTH100%
+1.78%
KBH - MTH
90%
Closely correlated
+0.08%
MHO - MTH
88%
Closely correlated
-1.78%
TPH - MTH
86%
Closely correlated
+1.17%
TMHC - MTH
85%
Closely correlated
+0.83%
PHM - MTH
82%
Closely correlated
+1.50%
More

Groups containing MTH

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MTH
1D Price
Change %
MTH100%
+1.78%
MTH
(16 stocks)
81%
Closely correlated
+1.02%